Weekly Bulletin
October 25, 1999
Vol. 89, No. 7
[<] [>] [archive]

News and features
National service informs teaching
Icahns give $20 million for new genomics lab
HR redesigns biweekly classification system
Benefits update
Nassau Notes
Arts & Exhibits
Page one
In the news

Icahns give $20 million for new genomics lab

The Icahn Family Foundation has made a gift of $20 million to construct a state-of-the-art building on campus, the Carl C. Icahn Laboratory, which will be home to the new interdisciplinary Institute for Integrative Genomics.

Its facilities will be designed to support pioneering research on genomics, the study of genes and their function, and related biological studies. Icahn, founder and president of the foundation, is a member of the Class of 1957.

"This generous gift will allow Princeton to accelerate its critical research efforts in the fast-evolving field of life science, where so many important discoveries seem imminent," said President Shapiro.

The Icahn Laboratory will be adjacent to the molecular biology labs. Construction of the new building, which will include teaching areas along with high-tech labs and core facilities, is expected to begin next summer and to be completed by early 2002.

New insight into nature of life

According to Shirley Tilghman, Howard A. Prior Professor in the Life Sciences and founding director of the institute, the building will accommodate 12 faculty members, and more than 100 associated undergraduates, graduate students, postdoctoral scholars and technical support staff.

"I can think of no more exciting area of research than genomics, which holds the promise of giving us new insight into the nature of life itself," Icahn said. "And with Princeton's long reputation for innovations in science, I can think of no more appropriate location for this groundbreaking new research center."

A philosophy major at Princeton, Icahn began his career as a stockbroker in 1961. He is now president and CEO of his own firm, Icahn and Co. Inc., which specializes in real estate development, oil and gas, railcar leasing and manufacturing, and technology firms.

Children's rights, scholarships

A philanthropist with a special interest in abused and neglected children, Icahn chairs the board of Children's Rights Inc. and was the founder of Icahn House, a home for single mothers and their children. He has established the Icahn Scholars Program at Choate Rosemary Hall, as well as institutes at the Benjamin N. Cardoza School of Law and the Wurzweiler School of Social Work, and he has created scholarships at a number of schools, including Princeton. The Icahn Family Foundation supports a broad range of charitable and educational organizations.

The Icahn gift is part of the Anniversary Campaign for Princeton, which now has raised more than $840 million of a total goal of $900 million.